KNOXVILLE, TN – March 1, 2017—Mountain Commerce Bancorp, Inc. (OTCQX: MCBI), a bank holding company and the parent of Knoxville-based Mountain Commerce Bank, began trading today on the OTCQX® Best Market under the ticker symbol “MCBI.” Investors in the U.S. can find current financial disclosure and Real-Time Level 2 quotes for the company at www.mcb.com.
“As we enter our second decade, being traded on the OTCQX market is a truly noteworthy milestone for our company,” said William E. “Bill” Edwards III, president and chief executive officer of Mountain Commerce Bancorp. “This achievement allows the company greater exposure, accessibility, and liquidity from the investment community as we pursue strategic growth plans, all the while remaining focused on our core principle of Responsive Relationship Banking.
“The OTCQX Best Market provides an efficient, transparent and cost-effective alternative to a U.S. stock exchange listing for financial institutions like MCB that are committed to providing a shareholder-friendly trading experience for their investors,” Edwards said.
Mountain Commerce Bancorp, Inc., headquartered at 6101 Kingston Pike in Knoxville, was sponsored for OTCQX by Raymond James & Associates, Inc., a qualified 3rd party firm responsible for providing guidance on OTCQX requirements and recommending membership.
About Mountain Commerce Bancorp, Inc. and Mountain Commerce Bank
Mountain Commerce Bancorp, Inc. (OTCQX: MCBI) is a bank holding company and the parent of Mountain Commerce Bank (MCB). Both are headquartered in Knoxville, Tennessee where MCB serves East Tennessee with five locations across Knox, Washington, and Unicoi counties.
MCB operates and competes with a team dedicated to Responsive Relationship Banking, and offers the latest in banking technology that clients have come to expect. Its mission is to grow and prosper, building long-term customer connections based on top-quality service, high ethical standards, and core-funded, safe and sound assets.
To that end, MCB bases its operations and decisions on the fundamental principles defined by its eight core values: Integrity, Excellence, Leadership, Communication, Reality, Accountability, Teamwork, and Consideration.
MCB believes that these values provide the appropriate framework to structure an organization that will meet the service needs of its customers, the performance requirements of its shareholders, and the regulatory standards of its authorities.
At the end of January 2017, MCB had $626.1 million in total assets and $546.9 million in total deposits. MCB currently employs more than 70 individuals in its five branches and one operations office. For more information, visit www.mcb.com. Check your account any time at 1-866-MCB-1910. MCB is an equal opportunity employer.